AC&R EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 36% on revenue, weaker earnings, cash halved-plus
registry 2021-09-18; journal 2021 768286
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AC&R EIENDOM AS. Revenue 121.6k NOK → 77.7k NOK (-36.1%). Net result -6 612 NOK → -44.3k NOK. Equity -64.3k NOK → -108.6k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC&R EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 121.6k NOK to 77.7k NOK (-36.1% YoY). Calculated
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↓
Operating result weakened
Operating result -6 628 NOK → -44.3k NOK (op. margin -5.5% → -57.0%). Calculated
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↓
Net result weakened
Net result -6 612 NOK → -44.3k NOK (net margin -5.4% → -57.0%). Calculated
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↓
Equity eroded
Book equity -64.3k NOK → -108.6k NOK (equity ratio -44.1% → -122.1%). Calculated
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↓
Cash fell
Bank deposits 30.4k NOK → 10.4k NOK (-65.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -122.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 80.4k NOK → 70.2k NOK (-12.6% YoY). Calculated